As volatility in the crypto market intensifies, investor demand for risk pricing and hedging tools continues to rise, leading to increased trading activity in volatility-related indices. The BTC and ETH volatility indices have attracted significant capital attention. According to data from the Gate platform, both trading volume and price volatility in the index trading zone have increased. Specifically, the latest price for the BTC volatility index (BVIXUSDT) is 44.74, a daily increase of 17.81%; the latest price for the ETH volatility index (EVIXUSDT) is 62.60, a 17.16% increase over the same period, indicating a significant rise in market expectations for short-term price volatility. Gate has a comprehensive presence in traditional financial trading zones, including stocks, precious metals, forex, indices, and commodities, covering various contract trading instruments such as gold, silver, the Nasdaq 100 index, and the FTSE 100 index. Currently, Gate index perpetual contracts support trading in multiple currency pairs. As an important indicator for measuring market uncertainty, the rise and fall of the VIX reflects changes in investors' expectations of risk and is often used for hedging and risk avoidance. Its launch further provides investors with more professional trading tools and expands the space for cross-market trading and strategy layout.